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Mont Blanc Enters into Option Agreement for Mexico Mining Claims.
VANCOUVER, B.C., September 17, 2007 - Mont Blanc Resources Inc. (TSX-V:
MTN) (the "Company") Mr. Jens Biertumpel reports:
Mont Blanc Resources Inc. has entered into an option agreement to purchase three
separate mineral claims in the state of Sonora, Mexico. The Company has paid a sum of
USD$50,000 to purchase a two-year option on the three separate mining claims. Under
the agreement the Company will have the right to earn a 100% interest in the three
properties, named Los Pavitos, Christina and Brenda. In order to exercise the options
relating to the Los Pavitos Property and the Christina Property, Mont Blanc must, for
each property, complete payments of USD$50,000 and issue 1.5 million shares of the
Company's common stock. To exercise the option on the Brenda Property, the Company
must issue 3.5 Million shares of its common stock but no cash payment is required. All
three properties are subject to a 2% NSR (Net Smelter Return). The foregoing
transactions are subject to TSX-V approval.
Company Contacts:
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Any statements regarding the company's future financial position, revenues, earnings, plans and objectives are forward-looking statements. Mont Blanc will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian Securities regulatory authorities by Mont Blanc. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein.
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